I don't trust Facebook with anything, I never had an account there and I'll never will. It's clear as a day that they will use their coin to collect data on spending habits of their users and use it to target ads on their platforms - this is their endgame, targeting ads to the point when they know about you more then anyone else, because they see everything that you do on the Internet. They will try to lure people with cheap and instead transactions, working in many countries, cashback and other stuff - because in the end users are the product.
Facebook also has a lot of useful information for you and your information collection is not a bad thing because most of us are normal people and there is no influence related to your life. In fact they have a lot of big partners and these are all partners that people know so don't worry too much about providing information because I think this will be the beginning of the new revolution in crypto 
Topic: Would you trust FB with your KYC details? - page 14. (Read 13830 times)
I wouldn't. I don't think this coin will succeed! What do you think?
Libra has been through the CFTC and SEC organizations. Now we just wait for it to be listed on the market and buy their token. You know, their partners have a lot of big businesses in payment. Visa, Paypal are two big guys in that field and it will help Libra get the best help.Soon we will see there are many payment methods.
I don't trust Facebook with anything, I never had an account there and I'll never will. It's clear as a day that they will use their coin to collect data on spending habits of their users and use it to target ads on their platforms - this is their endgame, targeting ads to the point when they know about you more then anyone else, because they see everything that you do on the Internet. They will try to lure people with cheap and instead transactions, working in many countries, cashback and other stuff - because in the end users are the product.
I wouldn't. I don't think this coin will succeed! What do you think?
Most of us are already doing it. We have put almost every of our details on the facebook including our phone number, job, locations, what we do, whom we hang up with and how we travel. Facebook already is tracking us 24/7 and we need to give no further information for Facebook to know us. Facebook knows it's customer.
I wouldn't. I don't think this coin will succeed! What do you think?
No I would not give Facebook my KYC details because they’ll sell this data ahead, and then say we did this to enhance your experience with the platform. I also think it’ll not succeed because many governments have banned crypto’s, and now they cannot allow Facebook coin and that’ll hit their revenues hard. After Facebook recent scandals they have lost people’s trust, and that’s the very reason why I’ll be urging people to stay away from their coin.
I wouldn't. I don't think this coin will succeed! What do you think?
I'm different from your point of view. I believe Libra coin will be a great success in the future because their capitalization is huge and they are planning to create their own ecosystem, much bigger than ETH. They have partnered with other large businesses to create platforms, protocol companies and many other payment areas. They will succeed in the crypto market but I don't trust them when delivering my information to them. 
I wouldn't.
I would, I have a facebook account with my real information on it, so no reason for me not to trust their crypto project.
I don't think this coin will succeed! What do you think?
I think of the opposite, if small names succeeded in crypto, how much more this big name, they will be hype and people are looking for a good investment where they think will be safe, Facebook has reputation, they would trust on it.
Somebody already posted what I'm about to say on social media, can't remember if it was on twitter or facebook.
FB doesn't have to ask for KYC, why? Because they already know where you live and almost every detail you do in your life.
Changpeng Zhao posted something similar on his twitter acc: https://twitter.com/cz_binance/status/1140914571495927808FB doesn't have to ask for KYC, why? Because they already know where you live and almost every detail you do in your life.
I'm not a fan of CZ but he's right on this one.
I'm agree with what you talking about, the day we start agree to using facebook, all of our sensitive information already given to them, even we don't agree with that, I believe that app will auto collect our data in background, so I think KYC is not important right now. As a large online social media and social networking service company in the world, coins will become success , unfortunately I won't support it.
The original idea and word didn't came from me that's why I gave credit to the person from where I've read it. Facebook won't ask for KYC AFAIK because it's a stable coin and it's not an ICO thus, they really don't need our data. Lol, trusting fb with kyc you mean. If you're on fb they have your details to an extent especially when you link up your mobile number to your account there's nothing else to know which they don't know already.
Of course that is the fact. Just a small identification number and they will dig out your all those information that even you would take a minute to think how the hell do they know it. I think Facebook has not been trustworthy and they have been using the user data for different purposes without the consent of the users in the first place. Anyways, Libra looks promising and let’s see how it goes. 
I wouldn't. I don't think this coin will succeed! What do you think?
We have our own opinion regrading on this matter actually, and as far as I know Facebook knows the information already of their community, isn't right? But the problem is there are many posters who are using other's identity on FB, that's one of the weakest thing I saw or leak from it.
But honestly, I don't have any trust about it in terms of using Libra.
merited 
okay, sure I dont and I will never use LIBRA for anything. Facebook is extremely compromised with their personal information management.
Zuker seems to consider privacy as a joke, unlike Durov tbtw
okay, sure I dont and I will never use LIBRA for anything. Facebook is extremely compromised with their personal information management.
Zuker seems to consider privacy as a joke, unlike Durov tbtw
Why would Facebook request for kyc when they already have all my life history? There's really no additional info my kyc details will provide apart from what they already know.
I think Facebook already have our personal information, supplying our kyc documents is only to double check it with our Facebook profiles.
The coin will succeed since Facebook is a trusted platform.
That's true facebook already have our personal information so I think do a kyc for Facebook coin is to sure if we are not scammer, frauders because I think they want too to protect their investor and costumer. The coin will succeed since Facebook is a trusted platform.
No i think no need for that then we have here a lot of cryptocurrency without KYC so better to use that and this is create like that
It so hard to give your personal information for our own security so find without KYC here in crypto like different wallets,trading site,gambling site and more like we have many here so better to use that than with KYC
If this FB shows nothing to be like a scam, then there is no need to worry if they are asking for our KYC. I know how we care for our security and we think that submitting KYC to somebody we don't know personally will be something a treat for us. No its not? Not unless we are participating in fake projects. It is commonly happening by now and we can't blame others to be doubtful in regarding in this matter. It so hard to give your personal information for our own security so find without KYC here in crypto like different wallets,trading site,gambling site and more like we have many here so better to use that than with KYC
I wouldn't. I don't think this coin will succeed! What do you think?
When you created a FB account, you already given them your full KYC details unless all you put is fake data. Regarding the success of FB coin, we really don't know what's going to happen.
I mean it has a backup of billions of dollars from the company itself and we all know that FB is one of the top social media we have right now, so there's a big possibility that it can be successful, so let's see.
Why do you think that this project will not work? I read that many support this idea. Also, the fact that the developer of the coin is a media personality makes a certain contribution and people have more confidence in it.
This is a funny question tho. First of all, I don't think Fb is making it compulsory for everyone to do kyc, I don't think there is even a kyc at all.
Secondly, you do know that Facebook as all your details already. They have your date of birth, pictures of you, pictures of your family, they have your locations. Facebook as everything they need about you already.
Secondly, you do know that Facebook as all your details already. They have your date of birth, pictures of you, pictures of your family, they have your locations. Facebook as everything they need about you already.
Facebook already have most of our personal details unless of course your Facebook profile is fake. All they need now is just the verification of your details. The coin can be successful although it is going to be centralized, because majority of Facebook users are not crypto enthusiasts, who are not interested in centralized coins
I think, like many others, that Facebook has our data for a long time. But I wouldn't want to go through KYC on Facebook - I don't trust them.
I think Facebook already have our personal information, supplying our kyc documents is only to double check it with our Facebook profiles.
The coin will succeed since Facebook is a trusted platform.
The coins might succeed due to popularity of facebook. Nothing else. Libra is going to be a centralized currency. Why would we need another centralized currency system, when we already have paypal and other e-wallet currency? If we will have to provide our details and identification then what is the difference between this system and paypal? The main goal of crypto currency was to create a decentralized platform which will give us financial freedom. We won't be getting any of those features through facebook coin. The coin will succeed since Facebook is a trusted platform.
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